Developer EFT registration request letter format (to be obtained from developer on developers letter head)

To,
……………………………..
HDFC Limited

Branch:

Dear Sir,
We have submitted documents of project ___________________ situated at __________________ to
you for approval for financing individual customers who have purchased a unit in the project.

We are aware that HDFC under instructions from the customer will be disbursing the loan in favour of
the developer. We would like to register our bank account with HDFC and confirm that we have no
objection receiving the disbursement amount by way of Electronic Funds Transfer facility.

We hereby confirm that the disbursement of the customer’s (purchaser’s) loan can be paid in to the
following bank account:

- Bank account Number....................................

- Name of Account Holder ................................
- Account Type..............................................
- Name of Bank ..............................................
- Branch Name ...............................................
- Branch City ...................................................
- IFSC ......................................................

We are also attaching a copy of a cancelled cheque for your records.

We also undertake to:

1. Credit the amount received from HDFC to the account of the customer (purchaser) without any
delay
2. Issue necessary receipts to the customer (purchaser) for such payments
3. To inform HDFC and the customer of any change in the Bank account.

Yours Sincerely,

(Signature)

Name of Authorized signatory

Designation of Authorized signatory

Date : ..................................
Contact Number:
Email ID: